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4831 S Ashland Ave
Chicago, IL 60609
Retail Property For Sale

Investment Highlights

  • Located at 4831 S Ashland Avenue in Chicago, this property offers a mixed-use commercial opportunity suitable for a variety of business applications.
  • Property type and current configuration allow for business use or redevelopment potential.
  • Positioned on a visible corridor with access to surrounding South Side neighborhoods and key arterial routes.
  • Site benefits from strong local traffic counts and proximity to residential areas, which supports customer-driven enterprises such as retail or office

Executive Summary

Remarks: Amazing potential! Very visible storefront on the first floor tenant is a well run business. 2nd floor host a 4 bedroom 2 bathroom! Incredibly huge! we have 4,150 sq. ft. Area has received TIF funding and is evident when you see the brand new sidewalks. City also is investing heavily in the area. Design Bridge United Yards has a whole website of the planned construction. United Yards is the winning competition proposal for the New City / Back of the Yards INVEST SOUTHWEST RFP hosted by the City of Chicago. The master plan for United Yards consists of 4 sites:

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,775 SF
Building Class
C
Year Built
1892
Price
$177,351 CAD
Price Per SF
$63.91 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
B3-2 - Chicago B3-2 zoning This district allows for a mix of uses, including residential above commercial

Property Taxes

Property Taxes

Parcel Number
20-08-108-010-0000
Land Assessment
$2,271 CAD
Improvements Assessment
$15,464 CAD
Total Assessment
$17,735 CAD
  • Listing ID: 40175663

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 4831 S Ashland Ave, Chicago, IL 60609

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